Canada’s Brookfield Renewable places 41yr (!) $176m Hydro bond / Another $146m WB Green Bonds into Uridashi market

Ethical Markets SRI/ESG News

Canada’s Brookfield Renewable issued a $176m bond to fund a new 45 MW hydroelectric project in British Columbia. Interest rate is 4.45%, fully amortizing over a term of, yes you read it right, 41 years. The bonds are rated A (low) with a stable trend by DBRS. Scotia Capital was the private placement agent.

See the rest at
http://climatebonds.net/2012/11/canadas-brookfield-renewable-places-41yr-176m-hydro-bond-another-146m-wb-green-bonds-into-uridashi-market/